Saturday 11, August 2012 by Robin Amlôt

Fitch affirms Bank Dhofar at 'BBB+'; Outlook Stable

Fitch Ratings has affirmed Bank Dhofar 's Long-term Issuer Default Rating (IDR) at 'BBB+' with a Stable Outlook and Short-term IDR at 'F2'. Simultaneously, the agency has downgraded Bank Dhofar's Viability Rating (VR) to 'bb' from 'bb+'.

Features & Analyses

Economics IMF updates on Iraq economy

Recent macroeconomic developments have been broadly positive in Iraq. Economic growth in Iraq reached 8.4 per cent in 2012 and… read more